$ETH
Details of liquidation levels and risks
The report indicates a state of extreme alert in the ETH derivatives market, where liquidity and traders’ positions (leverage) are concentrated around two critical levels:
Short position liquidation risk (Short Liquidation): If the price of ETH rises and breaks above the $2,794 level, the density of aggregated uncovered sell contracts across centralized exchanges will lead to forced liquidation (Short Squeeze) amounting to as much as $1.283 billion.
Long position liquidation risk (Long Liquidation): Conversely, if the price falls and drops below the $2,536 level, long-term buy contracts will face mass liquidation totaling $469 million.
The spot price of the coin at the time the report was issued is $2,675.31, recording a daily decline of 2.74%-, placing the price in the middle zone between the price-explosion points.
Details of liquidation levels and risks
The report indicates a state of extreme alert in the ETH derivatives market, where liquidity and traders’ positions (leverage) are concentrated around two critical levels:
Short position liquidation risk (Short Liquidation): If the price of ETH rises and breaks above the $2,794 level, the density of aggregated uncovered sell contracts across centralized exchanges will lead to forced liquidation (Short Squeeze) amounting to as much as $1.283 billion.
Long position liquidation risk (Long Liquidation): Conversely, if the price falls and drops below the $2,536 level, long-term buy contracts will face mass liquidation totaling $469 million.
The spot price of the coin at the time the report was issued is $2,675.31, recording a daily decline of 2.74%-, placing the price in the middle zone between the price-explosion points.